-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TJ/kXQ1eJxKWvwSAoj/LyFPOUGYOZ05XdbVdFKPMQ8uzoyHKHdwBgFmLKJ12seBP /bUQc5/lqIl6m6HA+lXYzw== 0000950136-03-001418.txt : 20030602 0000950136-03-001418.hdr.sgml : 20030602 20030602153529 ACCESSION NUMBER: 0000950136-03-001418 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030602 GROUP MEMBERS: ANDREW PEGGE GROUP MEMBERS: COLIN KINGSNORTH GROUP MEMBERS: LAXEY INVESTORS L.P. GROUP MEMBERS: LAXEY INVESTORS LIMITED GROUP MEMBERS: LAXEY PARTNERS LIMITED FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VALUE CATALYST FUND LTD CENTRAL INDEX KEY: 0001126078 FILING VALUES: FORM TYPE: SC 13D/A BUSINESS ADDRESS: STREET 1: PO BOX 309 UGLAND HOUSE SOUTH CHURCH ST CITY: GEORGETOWN CAYMAN IS MAIL ADDRESS: STREET 1: PO BOX 309 UGLAND HOUSE SOUTH CHURCH ST CITY: GEORGETOWN CAYMAN IS SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: CHILE FUND INC CENTRAL INDEX KEY: 0000846676 IRS NUMBER: 222990009 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-40493 FILM NUMBER: 03728080 BUSINESS ADDRESS: STREET 1: C/O CREDIT SUISSE ASSET MGMT, LLC STREET 2: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2128753500 MAIL ADDRESS: STREET 1: CREDIT SUISSE ASSET MGMT, LLC STREET 2: 466 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 SC 13D/A 1 file001.txt AMENDMENT NO. 4 TO SCHEDULE 13D -------------------------------- OMB APPROVAL -------------------------------- OMB Number: 3235-0145 -------------------------------- Expires: October 31, 2002 -------------------------------- Estimated average burden hours per response. . . 14.9 -------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. 4)* THE CHILE FUND, INC. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, $0.001 Par Value Per Share - -------------------------------------------------------------------------------- (Title of Class of Securities) 168834109 - -------------------------------------------------------------------------------- (CUSIP Number) Andrew Pegge Jeffry S. Hoffman Laxey Partners Limited Swidler Berlin Shereff Friedman, LLP Stanley House The Chrysler Building 7-9 Market Hill 405 Lexington Avenue Douglas New York, NY 10174 Isle of Man IM1 2BF (212) 891-9260 011 44 1624 629365 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 28, 2003 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss. 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box [ ]. NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss. 240.13d-7(b) for other parties to whom copies are to be sent. (Page 1 of 11 Pages) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 (the "Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Page 2 of 11 Pages SCHEDULE 13D
- ---------------------------------------------------------------------------------------------------------------------- CUSIP No. 168834109 - ---------------------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons ---------------------------------------------------------------------------------------------------------- I.R.S. Identification No. of Above Persons (entities only) The Value Catalyst Fund Limited No I.R.S. Identification No. - ---------- ----------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - ---------- ----------------------------------------------------------------------------------------------------------- 3) SEC Use Only - ---------- ----------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) OO - ---------- ----------------------------------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - ---------- ----------------------------------------------------------------------------------------------------------- 6) Citizenship or Place of Organization Cayman Islands - ---------------------------------------------------------------------------------------------------------------------- 7) Sole Voting Power 0 Shares Number of ------- ----------------------------------------------------------------------------------------- Shares 8) Shared Voting Power Beneficially 0 Shares Owned by ------- ----------------------------------------------------------------------------------------- Each 9) Sole Dispositive Power Reporting 0 Shares Person ------- ----------------------------------------------------------------------------------------- With 10) Shared Dispositive Power 0 Shares - ---------------------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 0 Shares - ---------- ----------------------------------------------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - ---------- ----------------------------------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 0% - ---------- ----------------------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IV* - ----------------------------------------------------------------------------------------------------------------------
*Not registered under the Investment Company Act of 1940. Page 3 of 11 Pages
- --------------------------------------------------------------------------------------------------------------------- CUSIP No. 168834109 - --------------------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Laxey Investors Limited No I.R.S. Identification No. - --------- ----------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 3) SEC Use Only - --------- ----------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) OO - --------- ----------------------------------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 6) Citizenship or Place of Organization British Virgin Islands - --------------------------------------------------------------------------------------------------------------------- 7) Sole Voting Power 0 Shares Number of ------- ---------------------------------------------------------------------------------------- Shares 8) Shared Voting Power Beneficially 0 Shares Owned by ------- ---------------------------------------------------------------------------------------- Each 9) Sole Dispositive Power Reporting 0 Shares Person ------- ---------------------------------------------------------------------------------------- With 10) Shared Dispositive Power 0 Shares - --------------------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 0 - --------- ----------------------------------------------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 0% - --------- ----------------------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IV* - --------- -----------------------------------------------------------------------------------------------------------
*Not registered under the Investment Company Act of 1940. Page 4 of 11 Pages
- --------------------------------------------------------------------------------------------------------------------- CUSIP No. 168834109 - --------------------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Laxey Investors L.P. No I.R.S. Identification No. - --------- ----------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 3) SEC Use Only - --------- ----------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) OO - --------- ----------------------------------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 6) Citizenship or Place of Organization Delaware - --------------------------------------------------------------------------------------------------------------------- 7) Sole Voting Power 0 Shares Number of ------- ---------------------------------------------------------------------------------------- Shares 8) Shared Voting Power Beneficially 0 Shares Owned by ------- ---------------------------------------------------------------------------------------- Each 9) Sole Dispositive Power Reporting 0 Person ------- ---------------------------------------------------------------------------------------- With 10) Shared Dispositive Power 0 Shares - --------------------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 0 Shares - --------- ----------------------------------------------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) 0 % - --------- ----------------------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) PN, IV* - --------- -----------------------------------------------------------------------------------------------------------
*Not registered under the Investment Company Act of 1940. Page 5 of 11 Pages
- --------------------------------------------------------------------------------------------------------------------- CUSIP No. 168834109 - --------------------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Laxey Partners Limited No I.R.S. Identification No. - --------- ----------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 3) SEC Use Only - --------- ----------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) N/A - --------- ----------------------------------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 6) Citizenship or Place of Organization Isle of Man - --------------------------------------------------------------------------------------------------------------------- 7) Sole Voting Power 0 Shares Number of ------- ---------------------------------------------------------------------------------------- Shares 8) Shared Voting Power Beneficially 1,250 Shares Owned by ------- ---------------------------------------------------------------------------------------- Each 9) Sole Dispositive Power Reporting 0 Person ------- ---------------------------------------------------------------------------------------- With 10) Shared Dispositive Power 1,250 Shares - --------------------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,250 Shares - --------- ----------------------------------------------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) .01% - --------- ----------------------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IV* - --------- -----------------------------------------------------------------------------------------------------------
*Not registered under the Investment Advisers Act of 1940. Page 6 of 11 Pages
- --------------------------------------------------------------------------------------------------------------------- CUSIP No. 168834109 - --------------------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Colin Kingsnorth - --------- ----------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 3) SEC Use Only - --------- ----------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) N/A - --------- ----------------------------------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 6) Citizenship or Place of Organization British - --------------------------------------------------------------------------------------------------------------------- 7) Sole Voting Power 0 Number of ------- ---------------------------------------------------------------------------------------- Shares 8) Shared Voting Power Beneficially 1,250 Shares Owned by ------- ---------------------------------------------------------------------------------------- Each 9) Sole Dispositive Power Reporting 0 Person ------- ---------------------------------------------------------------------------------------- With 10) Shared Dispositive Power 1,250 Shares - --------------------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,250 Shares - --------- ----------------------------------------------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) .01% - --------- ----------------------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IN - --------- -----------------------------------------------------------------------------------------------------------
Page 7 of 11 Pages
- --------------------------------------------------------------------------------------------------------------------- CUSIP No. 168834109 - --------------------------------------------------------------------------------------------------------------------- 1) Name of Reporting Persons I.R.S. Identification No. of Above Persons (entities only) Andrew Pegge - --------- ----------------------------------------------------------------------------------------------------------- 2) Check the Appropriate Box if a Member of a Group (See Instructions) (a) [X] (b) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 3) SEC Use Only - --------- ----------------------------------------------------------------------------------------------------------- 4) Source of Funds (See Instructions) N/A - --------- ----------------------------------------------------------------------------------------------------------- 5) Check if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 6) Citizenship or Place of Organization British - --------------------------------------------------------------------------------------------------------------------- 7) Sole Voting Power 0 Number of ------- ---------------------------------------------------------------------------------------- Shares 8) Shared Voting Power Beneficially 1,250 Shares Owned by ------- ---------------------------------------------------------------------------------------- Each 9) Sole Dispositive Power Reporting 0 Person ------- ---------------------------------------------------------------------------------------- With 10) Shared Dispositive Power 1,250 Shares - --------------------------------------------------------------------------------------------------------------------- 11) Aggregate Amount Beneficially Owned by Each Reporting Person 1,250 Shares - --------- ----------------------------------------------------------------------------------------------------------- 12) Check Box if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] - --------- ----------------------------------------------------------------------------------------------------------- 13) Percent of Class Represented by Amount in Row (11) .01% - --------- ----------------------------------------------------------------------------------------------------------- 14) Type of Reporting Person (See Instructions) IN - --------- -----------------------------------------------------------------------------------------------------------
Page 8 of 11 Pages This Amendment No. 4 to the Statement on Schedule 13D amends and restates Item 4 of the Statement on Schedule 13D originally filed with the Securities and Exchange Commission on May 30, 2001 and amended by Amendment No. 1 to the Statement on Schedule 13D filed on January 15, 2002, Amendment No. 2 to the Statement on Schedule 13D filed on February 5, 2002 and Amendment No. 3 to the Statement on Schedule 13D filed on March 15, 2002 (collectively, the "Schedule 13D") by The Value Catalyst Fund Limited ("Catalyst"), Laxey Investors Limited ("LIL"), Laxey Investors L.P. ("LILP") and Laxey Partners Limited ("Laxey") Collin Kingsnorth ("Kingsnorth") and Andrew Pegge ("Pegge" and, together with Catalyst, LIL, LILP, Laxey and Kingsnorth, the "Reporting Persons"), with respect to the shares of Common Stock, $0.001 par value per share (the "Common Stock"), of The Chile Fund, Inc. (the "Fund"). Item 4. INTEREST IN SECURITIES OF THE ISSUER Items 5(a) and 5(b) below are hereby amended and restated in their entirety and Item 5(c) is hereby amended to supplement the original Item 5(c) as follows: (a) As of the date hereof, Laxey, together with Kingsnorth and Pegge, are the beneficial owners of 1,250 shares of Common Stock, constituting approximately .01% of the shares of Common Stock outstanding. No other person identified in Item 2 beneficially owns any shares of Common Stock. (b) As of the date hereof, Kingsnorth and Pegge share with Laxey the power to vote and dispose of all 1,250 shares of Common Stock. No other person identified in Item 2 shares the power to vote or dispose of any shares of Common Stock. The information contained in Item 2 relating to the persons identified in this Item 5(b) is incorporated by reference. (c) During the past 60 days, the following open market sales of Common Stock have been made by Catalyst: ------------------------------------------------------------------------ Date Number of Shares of Common Price Per Share Stock Sold ----------------- -------------------------------- --------------------- 05/28/03 264,451 $9.00 ------------------------------------------------------------------------ During the past 60 days, the following open market sales of Common Stock have been made by LIL: ------------------------------------------------------------------------ Date Number of Shares of Common Price Per Share Stock Sold ----------------- -------------------------------- --------------------- 05/28/03 211,250 $9.00 ------------------------------------------------------------------------ Page 9 of 11 Pages During the past 60 days, the following open market sales of Common Stock have been made by LILP: ------------------------------------------------------------------------ Date Number of Shares of Common Price Per Share Stock Sold ----------------- -------------------------------- --------------------- 05/28/03 195,719 $9.00 ------------------------------------------------------------------------ During the past 60 days, the following open market sales of Common Stock have been made on behalf of the Accounts: ------------------------------------------------------------------------ Date Number of Shares of Common Price Per Share Stock Sold ----------------- -------------------------------- --------------------- 05/28/03 484,178 $9.00 ------------------------------------------------------------------------ No separate transactions were undertaken by Kingsnorth or Pegge during the above time period. (d) Each of the Reporting Persons ceased to be the beneficial owner of more than 5% of the Common Stock as of May 28, 2003. .. Page 10 of 11 Pages SIGNATURES After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned hereby certify that the information set forth in this Amendment No. 4 to Schedule 13D is true, complete and correct. Dated: May 28, 2003 THE VALUE CATALYST FUND LIMITED By: /s/ Elizabeth Tansell -------------------------- Name: Elizabeth Tunsell Title: Director LAXEY INVESTORS LIMITED By: /s/ Andrew Pegge -------------------------- Name: Andrew Pegge Title: Director LAXEY PARTNERS LIMITED By: /s/ Andrew Pegge -------------------------- Name: Andrew Pegge Title: Director /s/ Colin Kingsnorth ------------------------------- Colin Kingsnorth /s/ Andrew Pegge ------------------------------- Andrew Pegge Page 11 of 11 Pages LAXEY INVESTORS L.P. By: Laxey Partners (GP) Limited, as General Partner By: /s/ Andrew Pegge ------------------------------- Name: Andrew Pegge Title: Director -----END PRIVACY-ENHANCED MESSAGE-----